Tax: Practice & Procedure

What CPAs Should Know About the Growing Vacation Rental Landscape CPAs who understand the complex tax and financial requirements of vacation rentals are best positioned to help a growing client base optimize their financial outcomes.

Traversing the Murky Waters of Illinois’ New Sales Tax on Leases Changes to Illinois’ sales tax on leases of tangible personal property have created a sea of anticipated and unanticipated complications.

O Tax Revenue, Where Art Thou? As state and city leaders scramble to find additional tax revenues for their future fiscal budgets, they’ll likely want to steer away from taxing services. Here’s some history on why.

Avoiding the Top 10 Cryptocurrency Tax Traps With so many rules and nuances to consider within the cryptocurrency space, it’s no surprise that many tax clients fall victim to reporting mistakes. To prevent your clients from pointing the blame finger at you, here’s what to look out for.

How CPAs Can Help Clients Impacted by Hurricane Ian With the IRS providing tax relief for victims of Hurricane Ian, CPAs and other advisors are likely to get hit with questions. Here’s everything you need to know to help your impacted clients get the financial relief they need.

Did Illinois’ Landmark Sales Tax Legislation Level the Field? Reviewing the Leveling the Playing Field for Illinois Retail Act 18 months after passage shows its impact depends on which team is on the field.

Understanding Your Influence on Illinois Tax Law For CPAs wanting to provide input into Illinois tax rules, start by understanding how they are adopted.

Illinois Tax Potpourri: Three Issues of Interest to Taxpayers From tax incentives to audit instructions, Illinois taxpayers and CPAs have a lot to watch as legislators and courts tackle more tax issues.

Responding to the Families First Coronavirus Response Act What small and midsize companies need to know and do now to protect their employees and their businesses.